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An inventory-theory-based interval stochastic...
Journal article

An inventory-theory-based interval stochastic programming method and its application to Beijing’s electric-power system planning

Abstract

In this study, an inventory-theory-based interval stochastic programming (IB-ISP) model is proposed through incorporating stochastic programming and interval parameters within an inventory model. IB-ISP can tackle uncertainties expressed as probability density functions (PDFs) and interval parameters in constraints and objective function. The developed IB-ISP is then applied to planning electric-power generation system of Beijing. Support …

Authors

Zhang ZL; Li YP; Huang GH

Journal

International Journal of Electrical Power & Energy Systems, Vol. 62, , pp. 429–440

Publisher

Elsevier

Publication Date

November 2014

DOI

10.1016/j.ijepes.2014.04.060

ISSN

0142-0615